TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0468%/8h= +51.3% APRnext payment +$0.59 per $10,000 · paid last 24h +0.044%

Price spread now: RISEx against 01 Exchange−0.061%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. RISEx is 0.061% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	308.79	0.0664	pay 0.0083% / 1h	44m 56s	$3K	$4K	5x
Short	RISEx TAO/USDC	308.60	0.1132	get 0.0142% / 1h	44m 56s	$410K	$605K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against 01 Exchange. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee RISExbpOrdersPrice spread, now −0.061%Rate

Funding earned: $98.35
Price spread: −0.061% → 0.000%: −$6.08
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $79.28
Costs to cover: 0.130%
Break-even: 1.4 days

Slippage unknown: 01 Exchange: no order-book sample; RISEx: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell RISEx live order book, 24 min ago	1.26 bp	4.3 bp −$4	27.3 bp −$273	doesn't fit	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TAO-USD	0.0000%	1h	308.48	−0.101%	$123K	$87K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0002%	1h	308.47	−0.102%	$12K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	308.80	+0.003%	$46K	$603K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	309.01	+0.072%	$89.1M	$458.0M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	308.90	+0.036%	$25.2M	$108.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	308.60	−0.062%	$12.5M	$49.5M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	308.97	+0.058%	$101.3M	$136.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	309.02	+0.074%	$17.9M	$30.0M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	308.76	−0.010%	$34.4M	$52.4M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	309.63	+0.271%	$34K	$300K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TAO_USDT_Perp	+0.0100%	4h	311.49	+0.873%	$519K	$964K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	309.89	+0.356%	$46K	$267K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	308.73	−0.019%	$56K	$294K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	308.21	−0.188%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	308.66	−0.042%	$126K	$470K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	309.34	+0.177%	$170K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0118%	8h	308.62	−0.055%	$631	$674K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0170% / S +0.0092%	1h	308.42	−0.119%	$425K	—	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0171%	1h	308.51	−0.091%	$5.5M	$20.3M	50x	as long as short
Aster TAOUSDT	+0.0172%	4h	308.58	−0.068%	$1.3M	$9.1M	50x	as long as short
Bullet TAO-USD	+0.0231%	1h	308.81	+0.007%	$12K	$17K	20x	as long as short
Paradex TAO-USD-PERP	+0.0264%	8h	308.76	−0.010%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0267%	1h	308.68	−0.036%	$77K	$643K	5x	as long as short
Pacifica TAO	+0.0285%	1h	308.76	−0.009%	$364K	$378K	10x	as long as short
Arcus TAO-USD	+0.0337%	1h	308.76	−0.010%	$82K	$551K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	311.16	+0.768%	$4.4M	$10.7M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0458%	1h	308.64	−0.050%	$15K	$1.5M	25x	as long as short
Injective TAO/USDC PERP	+0.0470%	1h	315.63	+2.215%	$23K	$2K	12x	as long as short
Phemex TAOUSDT	+0.0529%	4h	308.45	−0.110%	$3.3M	$7.9M	50x	as long as short
Nado TAO-PERP	+0.0573%	1h	308.81	+0.006%	$756K	$2.1M	10x	as long as short
Phoenix TAO	+0.0588%	1h	309.80	+0.327%	$324K	$681K	5x	as long as short
01 Exchange TAOUSDlong	+0.0664%	1h	308.79	long leg	$3K	$4K	5x
Variational Omni TAO	+0.0696%	4h	309.05	+0.083%	$5.4M	$8.8M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	308.72	−0.021%	$355	—	20x	as long as short
BingX TAO-USDT	+0.0740%	4h	308.93	+0.045%	—	$31.1M	—	as long as short
Bybit TAOUSDT	+0.0785%	4h	309.31	+0.168%	$63.2M	$135.3M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0846%	1h	308.87	+0.026%	$312K	$814K	10x	as long as short
Extended TAO-USD	+0.0976%	1h	308.90	+0.035%	$890K	$2.4M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	310.00	+0.392%	$1.5M	$6.3M	50x	as long as short
RISEx TAO/USDCshort	+0.1132%	1h	308.60	−0.061%	$410K	$605K	5x
Hyperliquid TAO	+0.1294%	1h	309.09	+0.097%	$98.0M	$92.8M	5x	as long as short
Lighter TAO	+0.1400%	1h	308.97	+0.057%	$1.6M	$6.0M	5x	as long as short
Bulk TAO-USD	+0.3743%	1h	312.40	+1.169%	$166K	$40K	10x	as long as short